NOT LISTED FOR SALE

508 S 700 W Morgantown, IN 46160

Estimated Value: $326,000 - $449,000

3 Beds
2 Baths
2,652 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 27, 2014

Last sale price $55,000 $21 Per Sq Ft

Est. 612% increase in value since last sale

Current estimated payment $2,348/month

116 Days on Market

Highlights

  • 2.78 Acre Lot
  • Partially Wooded Lot
  • Forced Air Heating and Cooling System
  • Union Elementary School Rated A-

About This Home

As of August 2014

3 bedrooms,2baths, 1 car garage in basement, 1 car detached garage,this all on 2.78 acres,must see property and it is priced to sell as-is.

Last Agent to Sell the Property

Arndt Secrest

Area Realty Key Associates Listed on: 04/15/2014

Last Buyer's Agent

Bedford NonMember

NonMember BED

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 2.78 Acre Lot
  • Lot Dimensions are 1100x1100
  • Partially Wooded Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Basement Garage

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 41-09-20-032-012.000-036

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1965
  • Age: 49
  • Style: One and Half Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT NW SW S20 T12 R3
  • Parcel Number ID: 41-09-20-032-012.000-036
  • Platted: Yes
  • Section Number: 20
  • Sp Lp Percent: 91.82
  • Special Features: None

Interior Features

  • Total Sq Ft: 3688
  • Total Finished Sq Ft: 2652
  • Above Grade Finished Sq Ft: 2652
  • Below Grade Sq Ft: 1036
  • Basement Foundation: Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Living Great Room: Dimensions: 12x14, On Level: Main
  • Kitchen: Dimensions: 11x13, On Level: Main
  • Dining Room: Dimensions: 11x13, On Level: Main
  • Family Room: Dimensions: 12x26, On Level: Main
  • Bedroom 1: Dimensions: 11x14, On Level: Main
  • Bedroom 2: Dimensions: 13x15, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1036

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: 2nd Detached Garage, Dimensions: 16x20

Garage/Parking

  • Garage Type: Basement
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x20
  • Garage Sq Ft: 400

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Private

Schools

  • School District: Franklin Community School Corp.
  • Elementary School: Franklin
  • Middle School: Franklin
  • High School: Franklin

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 1100x1100
  • Estimated Lot Sq Ft: 121097
  • Estimated Lot Size Acres: 2.78

Tax Info

  • Annual Taxes: 3200.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2014
Closed on
Aug 19, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Freshour Nicholas J and Freshour Amanda M
Seller's Agent
Arndt Secrest
Area Realty Key Associates
Buyer's Agent
Bedford NonMember
NonMember BED
List Price
$104,108
Sold Price
$55,000
Premium/Discount to List
-$49,108
-47.17%
Current Estimated Value
$391,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,454
Avg. Annual Appreciation
19.45%

Purchase Details

Closed on
Jan 16, 2014
Sold by
Wright Dustin Chad
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Freshour Nicholas J -- Statewide Title Company Inc
Federal Home Loan Mortgage Corporation $136,801 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freshour Nicholas J $60,000
Open Freshour Nicholas J $125,000
Previous Owner Wright Dustin Chad $124,000
Previous Owner Wright Dustin Chad $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2014 08/27/14 Sold $55,000 -47.2% $21 / Sq Ft
08/09/2014 08/09/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $104,108 -- $39 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,784 $295,000 $42,300 $252,700
2024 $2,784 $241,200 $42,100 $199,100
2023 $2,480 $219,900 $40,700 $179,200
2022 $2,595 $219,900 $40,700 $179,200
2021 $2,085 $177,700 $40,300 $137,400
2020 $1,897 $167,600 $40,300 $127,300
2019 $1,731 $157,100 $30,800 $126,300
2018 $1,520 $154,800 $31,500 $123,300
2017 $1,448 $147,600 $31,500 $116,100
2016 $1,996 $146,400 $31,500 $114,900
2014 $1,861 $157,200 $51,200 $106,000
2013 $1,861 $165,500 $51,200 $114,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201412854

Indiana Regional MLS

APN: 41-09-20-032-012.000-036